Hsbc Holdings PLC Acquires 123,301 Shares of BXP, Inc. $BXP

Hsbc Holdings PLC lifted its holdings in shares of BXP, Inc. (NYSE:BXP) by 18.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 776,982 shares of the real estate investment trust’s stock after acquiring an additional 123,301 shares during the quarter. Hsbc Holdings PLC’s holdings in BXP were worth $52,438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of BXP. EverSource Wealth Advisors LLC lifted its stake in BXP by 29.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,120 shares of the real estate investment trust’s stock valued at $76,000 after acquiring an additional 257 shares during the period. First Trust Advisors LP lifted its position in BXP by 45.7% during the second quarter. First Trust Advisors LP now owns 40,369 shares of the real estate investment trust’s stock valued at $2,724,000 after purchasing an additional 12,660 shares during the period. Cresset Asset Management LLC lifted its position in BXP by 29.5% during the second quarter. Cresset Asset Management LLC now owns 9,181 shares of the real estate investment trust’s stock valued at $628,000 after purchasing an additional 2,089 shares during the period. Jump Financial LLC boosted its holdings in BXP by 276.0% in the second quarter. Jump Financial LLC now owns 47,062 shares of the real estate investment trust’s stock worth $3,175,000 after purchasing an additional 34,544 shares during the last quarter. Finally, Squarepoint Ops LLC grew its position in BXP by 99.3% in the 2nd quarter. Squarepoint Ops LLC now owns 112,591 shares of the real estate investment trust’s stock worth $7,597,000 after purchasing an additional 56,104 shares during the period. 98.72% of the stock is currently owned by institutional investors.

BXP Trading Down 0.1%

BXP stock opened at $69.28 on Monday. The company has a debt-to-equity ratio of 2.07, a current ratio of 4.22 and a quick ratio of 4.22. BXP, Inc. has a 1-year low of $49.72 and a 1-year high of $79.33. The business has a 50 day simple moving average of $62.11 and a two-hundred day simple moving average of $61.08. The company has a market capitalization of $11.05 billion, a price-to-earnings ratio of 34.81, a PEG ratio of 3.00 and a beta of 1.01.

BXP (NYSE:BXP) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 earnings per share for the quarter, missing the consensus estimate of $1.58 by ($0.94). The company had revenue of $872.15 million for the quarter, compared to analysts’ expectations of $843.11 million. BXP had a net margin of 9.09% and a return on equity of 4.13%. The business’s revenue was up .8% on a year-over-year basis. During the same period in the previous year, the business posted $1.64 earnings per share. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Research analysts anticipate that BXP, Inc. will post 6.95 EPS for the current fiscal year.

BXP Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.80 dividend on an annualized basis and a yield of 4.0%. BXP’s payout ratio is presently 140.70%.

Insider Activity

In related news, CFO Michael E. Labelle sold 26,113 shares of the company’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $66.35, for a total transaction of $1,732,597.55. Following the sale, the chief financial officer owned 5,839 shares of the company’s stock, valued at $387,417.65. This represents a 81.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Peter V. Otteni sold 4,863 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $59.06, for a total transaction of $287,208.78. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 33,176 shares of company stock worth $2,151,552. 1.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Piper Sandler lowered their price target on BXP from $87.00 to $75.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft set a $61.00 price objective on BXP in a report on Wednesday, May 13th. Evercore set a $62.00 target price on BXP in a report on Wednesday, April 29th. Truist Financial dropped their target price on BXP from $70.00 to $64.00 and set a “hold” rating on the stock in a research report on Tuesday, May 26th. Finally, Wall Street Zen upgraded BXP from a “sell” rating to a “hold” rating in a research note on Sunday, June 14th. Eleven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $70.90.

BXP Company Profile

Boston Properties, Inc (NYSE: BXP) is a publicly traded real estate investment trust (REIT) specializing in the ownership, management, and development of Class A office properties across major U.S. markets. Headquartered in Boston, Massachusetts, the company’s portfolio comprises high-quality office buildings, mixed-use developments and select retail assets designed to serve leading corporations in key metropolitan areas.

Established in 1970 by Mortimer B. Zuckerman, Boston Properties has grown through disciplined acquisitions and strategic ground-up developments.